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United States Steel 401(k) retirement plan: the investment options

Does your 401(k) vote the way you would? Vanguard Windsor II Fund is the largest fund in the United States Steel plan that publishes its votes. Answer 3 of its ballots from this season, then see your result.

The question on the ballot

As filed

United States Steel 401(k) match and balances, from the filing

Company money in
about $2,960 per active participant
$5m in plan year 2024
Employees saved
about $6,730 each
$11m in plan year 2024
Average balance
$38,300
1,662 people with a balance
In the plan
$64m
at the end of plan year 2024

Company money is the match plus any other employer contributions, averaged over all 1,587 active participants, including anyone who did not contribute. The filing reports dollars, not the match formula; the plan’s summary plan description states the formula.

SourceThe plan’s annual report to the Department of Labor — Form 5500, Schedule H, plan year 2024 · filed by UNITED STATES STEEL CORPORATION AND AFFILIATED COS. as “BIG RIVER STEEL 401(K) PLAN” · EIN 251897152, plan number 040 · search the filings

These are the funds in the United States Steel retirement plan whose voting records we can trace, taken from the plan’s own annual filing. The figures show what each one did with shareholder proposals.

SourceThe fund menu is the list of investments in United States Steel’s own annual retirement-plan filing · open the filing

FundClimateWorkersPay equityExec pay backed
Vanguard Windsor II Fund listed as “Vanguard Windsor II Fund - Admiral Shares” 0 of 300 of 10 0 of 396.9%
Janus Henderson Enterprise Portfolio listed as “Janus Henderson Enterprise Fund Class N” —— 0 of 198.5%
Vanguard Explorer Fund listed as “Vanguard Explorer Fund - Admiral Shares” 2 of 5— 0 of 294.3%
Fidelity Real Estate Investment Portfolio listed as “Fidelity Real Estate Investment Portfolio” 0 of 1— —82.9%

What this means for you

Most people are in whichever fund their plan made the default, and never look again. The figures above are the part nobody shows you when you pick: not the fee, not last year's return, but what the fund did with the shares your savings paid for.

Vote the full deck for this plan’s fund →

Other employer plans

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